Business Wire

Moody’s Analytics Wins Consensus Economics Forecast Accuracy Award

Share

Moody’s Analytics, a global provider of financial and economic intelligence, has won the Consensus Economics 2018 Forecast Accuracy Award for the United States.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190507005341/en/

To determine the winner, Consensus Economics examined forecasts for the growth in US gross domestic product (GDP) and consumer prices (CPI) in 2018 made between January 2017 and December 2018. Moody’s Analytics projections, based on its model of the global economy as overseen by Chief Economist Mark Zandi, were the most accurate.

“We’re honored to earn this recognition from Consensus Economics, which reinforces our commitment to bringing clients reliable forecasts and insights,” said Cris deRitis, Deputy Chief Economist, who manages the team that maintains the forecasts. “Our clients rely on us to provide trusted economic scenarios for their strategic planning and risk management needs.”

Moody’s Analytics US GDP and CPI forecasts—along with projections for other market-moving indicators—are produced using our Global Macroeconomic Model. This structural econometric model predicts more than 12,000 economic, demographic and financial time series, accounting for nearly all global economic activity. Forecasts and scenarios produced by the Global Macroeconomic Model are used in many Moody’s Analytics solutions, including award-winning credit risk and structured finance offerings.

The Global Macroeconomic Model is available through the Moody’s Analytics Scenario Studio platform, which allows users to generate economic scenarios and forecasts in a collaborative real-time environment backed by rigorous governance processes.

This win in the Consensus Economics Forecast Accuracy Awards adds to our growing list of awards and industry accolades.

About Moody’s Analytics

Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter and LinkedIn.

Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody’s Corporation reported revenue of $4.4 billion in 2018, employs approximately 13,200 people worldwide and maintains a presence in 42 countries.

Contact information

Justin Bursztein
Moody’s Analytics Communications
001.212.553.1163

Katerina Soumilova
Moody’s Analytics Communications
001.212.553.1177

Moody’s Analytics Media Relations

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Andersen Global Expands Presence in Qatar2.6.2020 15:30:00 CESTPress release

Andersen Global announced its collaboration with Doha-based tax firm MS Partner, adding depth to the organization’s presence in Qatar and expanding its global platform. MS Partner was founded in 2018 and includes two Partners and more than 10 professionals that specialize in providing tax services to a variety of international clients including individuals and companies – both private and public. MS Partner’s Chairman His Excellency Shaikh Sultan Bin Jassim Bin Mohammed Al Thani is a prominent business leader in the State of Qatar. “We value our clients and people, and maintain the highest of professional standards,” said Office Managing Director Manikandan Rajan. “We’ve watched Andersen Global grow regionally as well as globally, and the organization has set the standard for providing clients with best-in-class service in an independent and seamless manner. We look forward to working closely with our fellow collaborating firm in Doha, Al-Khalifa Law, as well as all the collaborating f

Pegasus Development AG: Pegasus Present Its New Brand Pegastril - Nuevo2.6.2020 15:06:00 CESTPress release

The coronavirus pandemic harbours the potential for enormous growth in specific industries. To that end, however, it's important to identify which markets will be dominant in the future. One of the key growth sectors is the production and distribution of disinfectants and associated technologies. Regardless of whether a cure for, or vaccine against, COVID-19 is developed, protection against viruses and bacteria has become incredibly important across the globe and will continue to be a concern going forward. This was one of the reasons why Pegasus Development AG decided to partner with the British disinfectant manufacturer Nuevo. One of the decisive factors choosing Nuevo was its highly competitive product, which is free from alcohol, animal products, perfume, essential oils or dyes. Furthermore, the product has already been tested according to the highest stipulations of the European standard EN 1276, is manufactured according to the latest regulations of the European Biocides Directiv

Re-Vana Therapeutics Raises $3.25 Million in Pre-Series A Financing2.6.2020 15:00:00 CESTPress release

Re-Vana Therapeutics Ltd, a privately-held specialty therapeutic and drug delivery company developing sustained-release therapeutics for significant sight-threatening ocular diseases, today announced that it has closed $3.25 million in pre-series A financing. The pre-series A round was oversubscribed by more than $1 million and closed in two tranches. The first tranche of $2.08 million was led by ExSight Ventures, with participation from InFocus Capital Partners and existing U.K. investors, including TechStart Ventures, Clarendon Fund Managers and Qubis Ltd. Visionary Ventures led the second closing round of $1.17 million, with additional investment from existing investors. With the second closing, Re-Vana became the first company in which all three specialized U.S. ophthalmic funds have invested in the same company. The proceeds will advance proof-of-concept development for Re-Vana’s proprietary photocrosslinked EyeLief™ and OcuLief™ biodegradable technologies for the delivery of biol

PVH Corp. Announces Leadership Update at Tommy Hilfiger and PVH Europe2.6.2020 15:00:00 CESTPress release

PVH Corp. (NYSE:PVH), owner of a portfolio of iconic brands including TOMMY HILFIGER and CALVIN KLEIN, announced today that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in various management roles within the organization, and will be leaving the company to pursue other interests. Martijn Hagman will succeed Grieder and become the new Chief Executive Officer, Tommy Hilfiger Global & PVH Europe, effective June 2, 2020. Hagman is currently Chief Operating Officer, Tommy Hilfiger Global & PVH Europe and Chief Financial Officer, Tommy Hilfiger Global, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability program. He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.

Exosite Licenses IoT Technology to West Pharmaceutical Services, Inc.2.6.2020 14:55:00 CESTPress release

Exosite LLC, a leading provider in the Industrial Internet of Things (IIoT) market, today announced that it has licensed use of certain software technology and solutions to West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration. West will utilize Exosite’s IoT technology to support and accelerate its digital transformation initiatives. The two organizations will also collaborate on a Digital Technology Center for West in Taiwan that is scheduled to open in June 2020. A proven leader in IoT, Exosite is an enterprise software provider that enables the world’s leading manufacturers with IoT technology and solutions that accelerate connected-product development and support a digital strategy for long-term success. Exosite’s technologies have been validated in highly regulated markets similar to West’s and deployed in a variety of public and private cloud environments. These proven technologies help companies like West prov

Fluence Expands PhysioSpec™ Spectra Offering on VYPR Series for Global Greenhouse Cultivators2.6.2020 14:30:00 CESTPress release

Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, announced today the launch of four additional spectra on its VYPR top light series, featuring market-leading efficacies up to 3.8 µmol/J. From broad white to high red, Fluence’s extended PhysioSpec™ spectra enable growers to optimize lighting strategies for any crop in any growth stage or geographic location. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200602005365/en/ With expanded PhysioSpec™ spectra, the VYPR top light series offers higher efficacies (up to 3.8 µmol/J) and higher photosynthetic photon flux (up to 2330 µmol/s) per fixture over comparable lighting technologies. (Photo courtesy of Fluence by OSRAM) (Photo: Business Wire) “In our relentless pursuit of innovative lighting solutions for crop cultivation, we’ve conducted in-depth research on plant response under